Posted By:
Brian H (misunderestimated)Just one little observation (which has already been implied). Resubmitting after cracking out and NOT returning the paper cert renders the pop report inaccurate in a way that serves to devalue the card. This is especially important when the salient selling point is the suggested scarcity of high grade PSA cards (which is Mem. Lane's entire business). So, as a business decision it's pretty stupid.
I think attributing bogus sales (ie fraudulent conduct) to Mem. Ln. is rather presumptuos. Sure it is always theoretically possible, Investors who may or may not really also be collectors are known to purchase solely to reauction them. Under that scenario Mem. Lane does nothing wrong at all -- some of these investors may not come out ahead but that's not Mem. Ln.'s fault or responsibility. Why someone buys something or what they intend to do with it is their business not the auctioneer's.